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One of Australia's deadliest mining disasters in decades is under investigation after two workers were killed 100 metres underground when their ute fell down a void.

Dylan Langridge, 33, and Trevor Davis, 36, were working underground at MMG's Dugald River zinc mine near Cloncurry when their ute fell part-way down a 15m void on Wednesday morning.

Rescuers found and extracted the ute a day later but the two men had died from their injuries.

Another worker was involved when the drill rig he was operating fell about 15m but he escaped with minor injuries.

The last time a double fatality occurred in a mining accident was in 2013 when two workers fell to their deaths at the Mount Lyell copper mine in Tasmania.

Thursday's tragedy marks the equal deadliest mining disaster since 1999, when an air blast killed four people at North Parkes in NSW.

Queensland Resources Minister Scott Stewart says the accident will have a deep impact across the community and mining industry.

"This is a tragic time in our mining history and while the industry is a very big industry in Queensland, it's still a very close-knit family and this will affect a lot of people," he said.

Local MP Robbie Katter says the community is in mourning and people should keep the family, friends and workmates of the two men in their prayers.

"It is also important that we recognise everyone we know in our community who works in the mines and be grateful for the job they do and appreciate them coming home safely each shift," the Traeger MP said.

"The most important thing for now though is that we remember these men and support their families as they grieve."

The mother of Mr Langridge's children paid tribute to him on Thursday.

"Nothing will ever stop me caring for you. The kids need their dad," she said in a Facebook post.

Resources Safety and Health Queensland will investigate the accident when the site is safe to enter.

The mine will remain closed until a police investigation ends, with Resources Safety and Health Queensland to determine when it re-opens.

The men were employees of mining services company Barminco, a subsidiary of ASX-listed firm Perenti.

Perenti chief executive Mark Norwell said the deaths of two workers was devastating.

"Our primary focus is that of support for the families and colleagues of Trevor and Dylan and in parallel completing a comprehensive investigation," he said.

Prime Minister Anthony Albanese extended his condolences to the two men's families, posting on Twitter that they would be "in our hearts tonight".

MMG chief executive Liangang Li insisted safety was the first value at the company and vowed to learn from the accident.

Minerals Council of Australia chief executive Tania Constable said the industry was deeply saddened by the loss of the two workers, adding it was committed to ensuring every employee returned home safe and healthy.

© AAP 2023

The death of two Queensland miners will be the subject of a major investigation after their ute fell down a void 125 metres under the ground.

Dylan Langridge, 33, and Trevor Davis, 36, were working in MMG's Dugald River zinc mine near Cloncurry when their ute fell part-way down a 25-metre void about 9am on Wednesday.

Another worker was also involved when the drill rig he was operating fell about 15m.

He was rescued, but for the two other men the incident was fatal.

A search and rescue effort conducted overnight Wednesday was able to locate and extract the vehicle, however the two had suffered fatal injuries, MMG said in a statement on Thursday.

Queensland Resources Minister Scott Stewart said he expected a thorough investigation into the deaths.

"The loss of a life in any workplace at any time is not acceptable. Families should be able to expect that when their loved ones depart for work that they return safely," he said in a statement on Thursday.

"Investigators from Resources Safety and Health Queensland are already on site."

The men were employees of Barminco, an underground mining services company.

In a statement, Barminco owner Perenti's chief executive Mark Norwell said the outcome was devastating.

"Our primary focus is that of support for the families and colleagues of Trevor and Dylan and in parallel completing a comprehensive investigation," he said.

Prime Minister Anthony Albanese also extended his condolences to the two men's families, posting on Twitter that they would be "in our hearts tonight" following news of the deaths.

MMG chief executive Liangang Li said safety is the first value at the company.

"We now need to come together to support everyone who has been impacted and understand the cause of this incident, so that it cannot happen again," he said.

Operations at the mine remain suspended.

Minerals Council of Australia chief executive Tania Constable said the industry was deeply saddened by the loss of the two workers, adding that it was committed to ensuring every employee returned home safe and healthy.

"The industry recognises that meeting this commitment requires continuous vigilance to prevent all fatalities, injuries and occupational illnesses," she said.

© AAP 2023

A landmark $7 billion funding deal for Brisbane 2032 Olympic venues has been signed by the Queensland and federal governments.

However, the overhaul of the Gabba stadium will be solely funded by the Queensland government, while the federal government will foot the entire bill of a new 17,000-seat Brisbane Arena at Roma Street.

The two projects will make up the bulk of the spending, while nearly $2b has been earmarked to upgrade existing venues and build smaller facilities.

Prime Minister Anthony Albanese and Premier Annastacia Palaszczuk signed the agreement in Brisbane on Friday.

"I know, as a Sydneysider, the difference a games can make," Mr Albanese said.

"This will consolidate this great city as a global city, as a global powerhouse."

The Brisbane arena project will include a drop-in swimming pool that will be removed after the games to create an entertainment venue.

"That will be a venue that will last for many decades into the future," the prime minister said.

The state has committed $2.7b for the Gabba rebuild, increasing its capacity by 8000 seats to 50,000, and land between the stadium and nearby Southbank will be declared a priority development area.

"This is about setting Queensland up not just for the next 10 years but the 10 years thereafter," Ms Palaszczuk said.

The premier acknowledged commodity prices meant the Gabba project was getting more expensive.

"This is happening with projects all around the world," she said.

More than 80 per cent of the infrastructure already exists, much on the Gold Coast which hosted the 2018 Commonwealth Games, the premier said.

Both governments will commit to jointly funding almost $1.87b for five new venues and upgrading nine existing venues.

The new venues include indoor sports centres at Breakfast Creek, Chandler, Sunshine Coast and Moreton Bay to host basketball, wheelchair basketball, gymnastics and boxing.

There will also be a new whitewater venue in Redlands for canoe events and potentially a new indoor sports centre at Logan for training or competition.

© AAP 2023